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OMDC gains on getting mines on lease from Odisha government

12 Apr 2018 Evaluate

Orissa Minerals Development Company (OMDC) is currently trading at Rs. 1737.00, up by 149.30 points or 9.40% from its previous closing of Rs. 1587.70 on the BSE.

The scrip opened at Rs. 1586.30 and has touched a high and low of Rs. 1905.20 and Rs. 1586.30 respectively. So far 29110 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 2342.30 on 07-Nov-2017 and a 52 week low of Rs. 1550.00 on 26-Mar-2018.

Last one week high and low of the scrip stood at Rs. 1640.80 and Rs. 1575.00 respectively. The current market cap of the company is Rs. 1143.12 crore.

The promoters holding in the company stood at 50.01%, while Institutions and Non-Institutions held 19.13% and 30.86% respectively.

Orissa Minerals Development Company has received mines on lease located in Keonjhar district, Bhubaneswar from the Government of Odisha (Steel & Mines Department).

The government has allotted Bhadrasahi Iron and Manganese Ore Mines over 998.70 hects; Roida-Bhadrasahi Iron Ore Mines over 103.600 hects; Belkundi Iron and Manganese Ore Mines over 1276.790 hects; Kolha-Roida Iron and/or Manganese Ore Mines over 254.952 hects; Thakurani Iron and Manganese Ore Mines over 1546.55 hects and Bagiaburu Iron Ore Mines over 21.52 hects.

OMDC is engaged in mining operations. The company’s segments are Iron Ore, Manganese Ore and Sponge Iron.

OMDC Share Price

4183.85 -172.35 (-3.96%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Coal India 438.70
NMDC 89.78
GMDC 733.40
Sandur Manganese 218.35
MOIL 327.60
View more..

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